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Legg Mason Reports Assets Under Management and Flows for June 2018

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Legg Mason Reports Assets Under Management and Flows for June 2018

PR Newswire

BALTIMORE, July 12, 2018 /PRNewswire/ -- Legg Mason, Inc. (NYSE:LM) reported preliminary assets under management of $744.6 billion as of June 30, 2018. This month's AUM included net long-term outflows of $0.9 billion, driven by net outflows in equity of $1.4 billion, partially offset by net inflows in fixed income of $0.5 billion. Alternative flows were breakeven. Fixed income inflows included a $1.0 billion low-fee subscription. Alternative AUM reflects $0.1 billion of realizations. Liquidity net outflows were $0.2 billion and this month's AUM included a negative foreign exchange impact of $2.0 billion.

(PRNewsfoto/Legg Mason, Inc.)

 

LEGG MASON, INC. AND SUBSIDIARIES

(Amounts in billions)














Assets Under Management









































Preliminary 









By asset class:


June 2018


March 2018


December 2017


September 2017


June 2017


Equity


$            206.4


$            203.0


$          207.6


$          201.2


$           196.2


Fixed Income


412.3


422.3


420.1


411.9


403.6


Alternatives


66.4


66.1


66.3


65.8


66.5



Long-Term Assets


$            685.1


$            691.4


$          694.0


$          678.9


$           666.3


Liquidity


59.5


62.7


73.2


75.5


74.9



Total


$            744.6


$            754.1


$          767.2


$          754.4


$           741.2

 

About Legg Mason
Guided by a mission of Investing to Improve Lives,TM  Legg Mason helps investors globally achieve better financial outcomes by expanding choice across investment strategies, vehicles and investor access through independent investment managers with diverse expertise in equity, fixed income, alternative and liquidity investments.  Legg Mason's assets under management are $745 billion as of June 30, 2018.  To learn more, visit our website, our newsroom, or follow us on LinkedIn, Twitter, or Facebook

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SOURCE Legg Mason, Inc.

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